PARKS FOUNDATION OF MIAMI-DADEINC

EIN: 200924393 501(c)(3) Recreation & Sports

MIAMI, FL

Total Revenue
$178,271
Total Expenses
$99,595
Total Assets
$1,555,335
Net Assets
$1,367,219
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
FL
Principal Officer
CAROLINE O CONNOR
Phone
3057557800
Tax Period
2024-01-01 to 2024-12-31

PARKS FOUNDATION OF MIAMI-DADEINC, founded in 2004, is a small nonprofit in the Recreation & Sports sector that reported $178K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $79K, a strong 44% operating margin.

Mission

TO FOSTER THE RECREATIONAL, EDUCATIONAL, ENVIRONMENTAL AND CULTURAL LIFE OF THE MIAMI-DADE COUNTY COMMUNITY BY ENCOURAGING AND SOLICITING SUPPORT FOR OUR COUNTY'S PARK SYSTEM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,103
Program Service Revenue $0
Investment Income $33,697
Other Revenue $120,471
TOTAL REVENUE $178,271

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $3,037
Program Expenses $53,715
Other Expenses $99,595
TOTAL EXPENSES $99,595

Year-over-Year Comparison

2024 2023 Change
Revenue $178,271 $492,425 -0.6%
Expenses $99,595 $526,656 -0.8%
Net Income $78,676 $-34,231 -3.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLINE O CONNOR PRESIDENT 3.00
Officer Director
$0 $0 $0
JOSE FELIX DIAZ VICE PRESIDE 3.00
Officer Director
$0 $0 $0
DANLYS HERNANDEZ SECRETARY 3.00
Officer Director
$0 $0 $0
MAIRA DIAZ GIUSTI TREASURER 3.00
Officer Director
$0 $0 $0
LOREN PARRA DIRECTOR 1.00
Director
$0 $0 $0
DWIGHT STEPHENSON DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA WHITE DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $178,271 $99,595 $1,555,335 $78,676
2023 $492,425 $526,656 $1,837,335 $-34,231
2022 $572,735 $520,852 $1,806,329 $51,883
2021 $366,768 $460,412 $1,440,735 $-93,644
2020 $1,283,849 $1,067,995 $1,487,518 $215,854
2019 $448,247 $583,117 $1,313,944 $-134,870
2018 $374,209 $455,574 $1,842,011 $-81,365
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